Interactive Data has promoted current senior vice president of its Major Accounts and Business Development Groups, Cort Williams, to the position of president of its sales organisation. In this role, Williams will have responsibility for the vendor’s sales, client relationships, and customer service oriented functions focused on institutional clients.
Williams will transition into this role when Raymond D’Arcy, current president of sales and marketing, becomes Interactive Data’s next president and CEO during the first half of this year. Williams will report directly to D’Arcy in his new role.
In addition to Williams’ appointment, Interactive Data has also promoted Roger Sargeant, managing director of Interactive Data Europe, to become managing director of international business, effective immediately. In this role, he will be responsible for leading the vendor’s institutional business outside of North America.
According to the vendor, one of Sargeant’s priorities in his new role will be to align the company’s resources in Asia Pacific more closely with those in Europe and the Middle East. Jim Farrer, managing director of Interactive Data Asia-Pacific, will report directly to Sargeant.
Stuart Clark, Interactive Data’s current president and CEO, comments: “The Asia Pacific region is undergoing rapid change and these dynamics require that we effectively and efficiently allocate our resources to gain greater scale and accelerate our progress in this region. In addition to investing in organic growth initiatives, we will continue to pursue strategic acquisitions to expand our business in this region as reflected by our recent acquisition of a majority interest in Japan-based NTT Data Financial.”